CommSec Market Update

Morning Report 14 Oct 24: Wall Street surges to new record highs


Listen Later

The broader U.S. market has reached a new record high for the 45th time this year, driven by gains in bank stocks. JP Morgan rose 4% on encouraging earnings, providing a boost to Wall Street. In corporate news, Tesla shares plunged nearly 9% after a disappointing Robotaxi event, while Uber surged 11% on a surprise earnings report, hitting an all-time high. Meanwhile, investors remain cautious after Chinese stimulus measures fell short of expectations. Despite mixed commodity prices, the Aussie dollar strengthened, and futures suggest solid gains for the ASX 200.

The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.

See omnystudio.com/listener for privacy information.

...more
View all episodesView all episodes
Download on the App Store

CommSec Market UpdateBy CommSec

  • 5
  • 5
  • 5
  • 5
  • 5

5

1 ratings


More shows like CommSec Market Update

View all
Motley Fool Money by LiSTNR

Motley Fool Money

92 Listeners

NAB Morning Call by Phil Dobbie

NAB Morning Call

15 Listeners

The Money Puzzle, with James Kirby by The Australian

The Money Puzzle, with James Kirby

44 Listeners

Equity Mates Investing Podcast by Equity Mates Media

Equity Mates Investing Podcast

63 Listeners

The Rules of Investing by Livewire Markets

The Rules of Investing

12 Listeners

Your Wealth by NAB

Your Wealth

8 Listeners

Australian Investors Podcast by Rask

Australian Investors Podcast

18 Listeners

Australian Finance Podcast by Rask

Australian Finance Podcast

29 Listeners

Buy Hold Sell, by Livewire Markets by Livewire Markets

Buy Hold Sell, by Livewire Markets

3 Listeners

The Call from ausbiz by ausbiz

The Call from ausbiz

7 Listeners

Investing Compass by Morningstar Australia

Investing Compass

26 Listeners

The Money Café with Alan Kohler by Intelligent Investor

The Money Café with Alan Kohler

34 Listeners

Chanticleer by Australian Financial Review

Chanticleer

17 Listeners

The Fin by Australian Financial Review

The Fin

19 Listeners

5 in 5 with ANZ by ANZ

5 in 5 with ANZ

4 Listeners